Indonesia: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Indonesia

In 2021, the Indonesian fruit-preparation industrial machinery market decreased by -64.5% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, saw buoyant growth. Over the period under review, the market reached the peak level at $X in 2020, and then fell sharply in the following year.

Fruit-Preparation Industrial Machinery Exports

Exports from Indonesia

In 2021, overseas shipments of industrial machinery for the preparation of fruits, nuts or vegetables were finally on the rise to reach X units after two years of decline. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 1,450% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, fruit-preparation industrial machinery exports surged to $X in 2021. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 35,179% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Bangladesh (X units) was the main destination for fruit-preparation industrial machinery exports from Indonesia, with a 44% share of total exports. Moreover, fruit-preparation industrial machinery exports to Bangladesh exceeded the volume sent to the second major destination, Japan (X units), fourfold. The third position in this ranking was taken by Thailand (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bangladesh stood at +23.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+5.2% per year) and Thailand (+5.2% per year).

In value terms, Bangladesh ($X) remains the key foreign market for industrial machinery for the preparation of fruits, nuts or vegetables exports from Indonesia, comprising 50% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 24% share of total exports. It was followed by the Philippines, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value to Bangladesh stood at +143.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+61.6% per year) and the Philippines (+110.8% per year).

Export Prices by Country

In 2021, the average fruit-preparation industrial machinery export price amounted to $X per unit, growing by 8.6% against the previous year. Over the period under review, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2013 an increase of 1,873% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit-Preparation Industrial Machinery Imports

Imports into Indonesia

In 2021, purchases abroad of industrial machinery for the preparation of fruits, nuts or vegetables decreased by -64.1% to X units for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 when imports increased by 346%. Over the period under review, imports hit record highs at X units in 2020, and then fell rapidly in the following year.

In value terms, fruit-preparation industrial machinery imports declined markedly to $X in 2021. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 369%. Imports peaked at $X in 2020, and then fell notably in the following year.

Imports by Country

In 2021, China (X units) constituted the largest fruit-preparation industrial machinery supplier to Indonesia, with a 82% share of total imports. Moreover, fruit-preparation industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+74.2% per year) and Italy (-11.2% per year).

In value terms, China ($X) constituted the largest supplier of industrial machinery for the preparation of fruits, nuts or vegetables to Indonesia, comprising 54% of total imports. The second position in the ranking was taken by Singapore ($X), with a 4.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+43.2% per year) and Italy (-17.4% per year).

Import Prices by Country

In 2021, the average fruit-preparation industrial machinery import price amounted to $X per unit, reducing by -5.6% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 31%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-4.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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